shares Archives - WallStreetReview

China shares slump most in 7 months as tightening fears mount

February 24, 2021 WallStreetReview

* SSEC -2%, biggest drop since July 2020, CSI300 -2.6%* Materials, consumer shares lead losses* Analyst sees investors rotating out of consumer sharesSHANGHAI, Feb 24 (Reuters) - Chinese shares closed lower on Wednesday, with the benchmark stock index witnessing its biggest daily drop in seven months, as investors worried about high valuations amid growing concerns… Read More

UPDATE 1-Shares in Italian motorway group ASTM soar on buyout offer

February 22, 2021 WallStreetReview

(Adds comments from sources)MILAN, Feb 22 (Reuters) - Shares in ASTM jumped 27% on Monday after the Italian motorway group’s top investor made a $2 billion offer for the stock it does not already own, believing it can overhaul the company more easily in private hands.The approach follows similar moves this year in Italy at… Read More

Australia shares slip as gold miners weigh, BHP hits record high

February 17, 2021 WallStreetReview

* Newcrest Mining closes at 10-month low* Westpac Banking sees best session in 3 months* Miners were top gainers on benchmark, up 1.8% (Updates to close)Feb 17 (Reuters) - Australian shares fell on Wednesday, dragged lower by gold miners on the back of weak bullion prices, while BHP outshone the broader market and hit a… Read More

Indian shares rise after strong earnings; Tata Steel jumps

February 10, 2021 WallStreetReview

A broker trades on his computer terminal at a stock brokerage firm in Mumbai, India, January 20, 2016. REUTERS/Shailesh Andrade/FilesBENGALURU (Reuters) - Indian shares rose modestly on Wednesday as a string of upbeat corporate earnings supported risk sentiment, with Tata Steel leading broad-based gains.The NSE Nifty 50 index was 0.20% higher at 15,138.30 by 0350… Read More

Sri Lankan shares extend losses, rupee falls

February 9, 2021 WallStreetReview

Feb 9 (Reuters) - The Sri Lankan rupee fell on Tuesday, while broad-based losses drove equities lower.* The benchmark stock index closed down 1.8% at 7,963.77. The index is up 17.6% for the year so far.* The Sri Lankan rupee was last quoted at 195 against the U.S. dollar as of 11:23 GMT, compared to… Read More

Australia shares climb on improving U.S. stimulus hopes, no new local virus cases

February 7, 2021 WallStreetReview

* Vocus surges on buyout offer* Miners lifted by higher iron ore prices* NZ closed for Waitangi DayFeb 8 (Reuters) - Australian shares rose on Monday, with strengthening global risk sentiment as U.S. President Joe Biden’s $1.9 trillion COVID-19 package looked more certain of being pushed through, while investors also cheered an improving local coronavirus… Read More

GameStop shares rise after Robinhood lifts trading curbs

February 5, 2021 WallStreetReview

(Reuters) - Shares of GameStop and other companies caught in the recent social media-hyped trading frenzy rose on Friday, after online broker Robinhood lifted all the buying curbs imposed at the height of the battle between amateur investors and Wall Street hedge funds.FILE PHOTO: GameStop stock graph is seen in front of the company's logo… Read More

Australia shares post best weekly jump in 3 mths as banks shine on c.bank’s policy support

February 5, 2021 WallStreetReview

* Financials hit their highest in 11 months* Afterpay closes at a record high* Big dividend paying stocks in favour after RBA comments - broker (Updates to close)Feb 5 (Reuters) - Australian shares ended higher on Friday, posting their best weekly jump in more than three months, led by gains in financials after the Reserve… Read More